JBS (JBSAY) Long-Term Capital Lease Obligation : $1,489 Mil (As of Dec. 2023)

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What is JBS Long-Term Capital Lease Obligation?

JBS's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,489 Mil.

JBS's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($1,485 Mil) to Sep. 2023 ($1,500 Mil) but then declined from Sep. 2023 ($1,500 Mil) to Dec. 2023 ($1,489 Mil).

JBS's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($1,216 Mil) to Dec. 2022 ($1,379 Mil) and increased from Dec. 2022 ($1,379 Mil) to Dec. 2023 ($1,489 Mil).

JBS Long-Term Capital Lease Obligation Historical Data

The historical data trend for JBS's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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JBS Long-Term Capital Lease Obligation Chart

JBS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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936.68

925.45

1,216.28

1,379.09

1,488.60

JBS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,379.09	1,406.50	1,484.64	1,499.51	1,488.60

JBS (OTCPK:JBSAY) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

JBS Long-Term Capital Lease Obligation Related Terms

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JBS (JBSAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » JBS SA (OTCPK:JBSAY) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

YJ3A:Germany JBSS3:Brazil

Address

Avenue Marginal Direita do Tiete, 500, Bloco 3, Vila Jaguara, Sao Paulo, SP, BRA, 05118-100

Website

https://www.jbs.com.br

JBS SA is an international company involved in beef, lamb, and poultry processing. It is originally from Brazil. JBS is one of the world's exporters of animal protein, selling to more than 150 countries. Sales offices are in Brazil, the United States, Australia, Canada, Argentina, Uruguay, Paraguay, Mexico, Italy, Ireland, the United Kingdom, France, the Netherlands, China, and Russia, among others. The company also sells hygiene and cleaning products, collagen, metal packaging, and biodiesel, among others.